BlockBeats news, on September 24, according to official news, Gate.io venture capital department Gate Labs announced an investment in DeFi super application LogX. LogX is the ultimate DeFi super application, providing perpetual markets, leveraged prediction markets and other trading products. It is understood that LogX raised a total of US$4 million in the latest round of financing, with a total amount of US$10.1 million.
It is reported that the investment will be used to expand the LogX product line and launch leveraged prediction markets on more than 50 blockchains. In addition, LogX plans to launch prediction market transactions on the TON blockchain by the end of 2024, serving more than 100 million potential users.
